this post was submitted on 09 Aug 2021
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Privacy
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Much of this has already been done. Element app just got 30million dollars and looks like it's on the path to main stream adoption and tackle some of the bigtech out there. It would be great if lemmy and forums could hop on their coat tails for the ride
I don't get how people think this VC funding is a good thing. Matrix like Discord is run by a highly over VC funded for-profit company and both will turn on their users for profit extraction sooner or later.
XMPP and IRC are the real alternatives. Matrix is the the uber of IRC :(
I don't really see how much bad could come of it. Maybe they start trying to hamfist ToS or license changes into the code, but then it'll be forked.
At worst they do some crazy data harvesting on the main instance, causing an exodus of users onto either self-hosted or other public instances.
exactly, and the company behind element already surprisingly seems quite financially successful so I doubt this much money will change things massively.
https://www.dnb.com/business-directory/company-profiles.new_vector_limited.dc4a183b6aa1b44f286393c47faf4410.html
This is also all with the support of the core people behind matrix and element, so if anything was nefarious it would be stuffed either way as the team would be corrupt.
https://matrix.org/blog/2021/07/27/element-raises-30-m-to-boost-matrix